L Brands (LB.US) stock launched today’s session with a massive bullish price gap, however buyers were unable to hold onto gains and price pulled back. Currently stock is testing strong support at $37.91. If buyers will manage to halt declines here, then another upward impulse towards $44.09 could be launched. On the other hand, if sellers will manage to break below, a bigger downward correction may start. The nearest support lies at the upward trendline. Source: xStation5This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
